RE: Jamie Dimon says to Buy Bullets, not Bitcoin
(Edited)
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best description I have heard about this sudden turn in narrative is "establishing alibi at 2 minutes to midnight".
Jp Morgan's short of the entire system might be a candidate for the biggest theft in modern financial history.
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There've been some real doozies in the past, but there's a lot more of the economy today to short, so you're probably right.
Thanks!
the thing that keeps happening to the overextension is overexteeeeeeeeeending so much that everybody gave up even when their original stance was correct.
another good reason for mental, physical and spiritual fortitude and stamina in these times.
Indeed. Humility is a virtue, and taking action to do what we are responsible to do requires limiting our claim of authority to what we actually are responsible for. Conceit is not confidence, but it's opposite, a lie we tell ourselves to conceal our lack of merit. True confidence is only the result of knowing our actual abilities, not false claims of authority we do not have.
Thanks!